POS 0.00% 0.5¢ poseidon nickel limited

im sorry to burst many bubbles on here but there is absolutely...

  1. 1,960 Posts.
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    im sorry to burst many bubbles on here but there is absolutely nothing on the POS chart to indicate anything exciting is going to happen soon...

    she has broken the 5 year support line of 20cps and all indicators look to me like she is going to drift lower. if you look back to 2001 she was actually trading at or at the equivalent of around 5cps. technically it is possible that she could return to those ridiculous levels.

    i agree with many of your sentiments, with a resource like this, what is occurring is hard to fathom. also difficult to understand why twiggy forrest is associated with a situation like this when in reality, he could sign off on a personal loan to the company in the blink of an eye.

    i admit, i could be wrong because she has a good resource but i suspect there is a bigger play on here. although i believe that eventually this company will become successful in the short to medium term i think it is definately possible there will be considerably more pain to come.

    better to tie up capital in a stock that is heading north. pos really is trading like a dog. it shouldnt be, but it is!
 
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